Textron (TXT) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for TXT · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$89.12last close · Aug 4, 202652-week range $76.45 – $101.57 · 12.26% below the high

TXT Triangle Pattern

TXT is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $101.15 (+11.0%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; TXT's own triangles have hit 33.3%.

DirectionBullishTarget$101.15Projected move+11.0%Breakout level$91.53

New to this pattern? What a triangle is and how to trade it →

TXT's Most Recent Triangle Trade

TXT's most recent completed triangle resolved as a loss: it broke higher on Jun 9, 2026 near $91.99, then was stopped out at $86.94 on Jun 22, 2026 — a -1.21R move (5.5%) over 8 sessions. Across 185 backtested triangles, this setup wins 50.3% of the time.

OutcomeLossResult-1.21REntry$91.99Exit$86.94

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
TXT win rate
33.3%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

TXT Pattern Trade History

Every completed pattern trade our nightly backtest found on TXT's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleJun 9, 2026 @ $91.99Jun 22, 2026 @ $86.94Loss-1.21R
Falling WedgeApr 8, 2026 @ $90.56May 8, 2026 @ $91.01Win+0.09R
TriangleNov 24, 2025 @ $82.94Dec 29, 2025 @ $88.74Win+1.48R
TriangleSep 4, 2025 @ $80.26Dec 29, 2025 @ $88.74Win+4.75R
Rising WedgeJun 26, 2025 @ $80.04Jul 24, 2025 @ $80.93Win+0.24R
Bullish PennantJun 3, 2025 @ $74.49Jul 24, 2025 @ $80.93Win+3.72R
Falling WedgeMar 7, 2025 @ $75.31Apr 3, 2025 @ $66.87Loss-1.63R
TriangleDec 12, 2024 @ $81.87Feb 12, 2025 @ $72.79Win+1.88R
TriangleOct 17, 2024 @ $88.88Oct 24, 2024 @ $81.49Loss-1.62R
TriangleOct 11, 2024 @ $87.34Oct 24, 2024 @ $81.49Loss-1.93R
TriangleSep 30, 2024 @ $87.80Oct 24, 2024 @ $81.49Loss-2.24R
TriangleJun 28, 2024 @ $85.78Jul 12, 2024 @ $88.79Loss-1.10R

TXT Support and Resistance Levels

Price is bouncing off a floor near $85.66 and starting to climb. On the weekly chart, the next ceiling overhead sits near $98.15 — about 10% away.

  • Traders commonly watch $98.15 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $85.66 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $85.66, resistance near $98.22. These are chart/swing-derived levels, not formula pivots.

Resistance
$98.22$110.32
Support
$85.66

TXT Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$87.12$89.47$85.57$89.12
Aug 3, 2026$85.56$87.00$84.89$86.39
Jul 31, 2026$87.36$87.39$84.87$85.26
Jul 30, 2026$86.76$87.37$84.93$87.09
Jul 29, 2026$88.71$90.20$85.42$85.65
Jul 28, 2026$90.92$91.50$87.11$89.96
Jul 27, 2026$96.18$97.32$95.52$96.13
Jul 24, 2026$93.54$95.99$93.27$95.53
Jul 23, 2026$92.50$95.29$91.72$93.19
Jul 22, 2026$90.92$92.36$90.76$91.71

TXT Frequently Asked Questions

What chart pattern is TXT forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on Textron (TXT) on the daily chart, with a measured-move target of $101.15.
Is a triangle bullish or bearish?
The triangle detected on TXT is a bullish pattern, projecting a measured-move target of $101.15. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for TXT?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), TXT's nearest support is around $85.66 and nearest resistance around $98.22.
What is the price target if TXT's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $101.15 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TXT's closing price on Aug 4, 2026?
Textron (TXT) last closed at $89.12 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.